The second video, shot by Wirefly, shows what happens when you hook up the Incredible to the TV with the included TV-out port. Playing videos and slideshows on the big screen has never been easier with a mobile phone:

I'd say there is 0 chance of a TV-out on the Nexus One but at this point, why would anyone on Verizon get a Nexus One when there's the Incredible? And on Sprint, if it ever sees a Nexus One, there will be EVO 4G (granted, it's a bit bigger).

Edit: I have to eat my own words as I misunderstood that it's not a separate hardware output. Apparently, the video comes out via MicroUSB using a special adapter, and is expected to be supported by the Nexus One as well.

usb to Composite video is OK but pretty weak compared to the HDMI of the HTC EVO. IT would be nice to have the capabilities of playing HD over HDMI even though the Incredible doesnt have HD recording capabilities.